Iberia Chairman and President Marco Sansavini says the completion of the Air Europa purchase is one of the main targets to securing Iberia’s future success.
Ryanair will resume flights to and from Tel Aviv’s Ben Gurion International Airport beginning June 3 following the announcement that Terminal 1 will reopen.
AJET (Turkish Airlines) launched operations, replacing Anadolu Jet (SPNWS; Dec 1). It plans to serve 93 destinations, including 41 domestic and 52 international, with 95 aircraft during Summer 2024, growing to 200 aircraft in 10 years.
AERCAP completed 152 transactions (82 lease agreements/21 purchases/49 sales) in 1Q24 vs 123 (76 lease agreements/15 purchases/32 sales) in 1Q23; it repurchased 4.3m shares for a total of approximately $336m.
AVOLON executed 39 lease transactions in 1Q24 (vs 31 in 1Q23), delivered nine new aircraft (vs 9) and transitioned three to others (vs 9), and entered in SLB deals for seven; it now has owned/managed/committed fleet of 1,033 aircraft.
The carrier expects additional compensation for the disruption set off by the Jan. 5 737-9 door plug blowout, “the complete terms of which are confidential.”